Sourcing vs. strategic sourcing
Did you know that 29% of companies relying on traditional sourcing are more vulnerable to supply chain disruptions? This could change with strategic sourcing.
Think about what that means: nearly a third of companies could be caught flat-footed the next time a crisis hits, just like we saw during the global supply chain shocks of 2020. If you’re still using traditional sourcing methods in the highly competitive Consumer Packaged Goods (CPG) industry, you may be missing out on long-term savings, innovation, and —most crucially —supply chain resilience.
The Usage of AI in Supply Chain: Revolutionizing Efficiency and Quality
In today’s rapidly evolving business environment, Artificial Intelligence (AI) is not just a luxury but a necessity, particularly in the supply chain sector. A recent episode of GrowinCast, a podcast by GrowinCo., with Raphael Traticoski and Nilay Parikh, CEO at Arvist, provides profound insights into how AI is transforming the supply chain, especially within the […]